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Curated OER
Specialization and Voluntary Exchange
Studnets participate in a trading simulation game in which they experience the effects of trade and how trade can increase wealth.
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Markets
Students examine the different types of economic markets. They identify rewards and penalties for different types of behaviors in different markets. They also examine the role of supply and demand.
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Environment: Fishing and Property Rights
Students participate in a role-playing "fishing game" to discover how over-harvesting can eliminate a resource. In the second round of the game, students are told they can only fish in their assigned territories.
Students explain the...
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Monkey for Sale
Second graders use play quarters to "purchase" items. They discuss how these are choices the character in the story they will read has to make. Students read the book "Monkey for Sale." They discuss the choices Luzolo makes and how she...
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Potato: A Tale from the Great Depression
Young scholars barter for goods within the class. In this economics lesson based on the Great Depression, the teacher introduces the lesson with a picture book, then students are allowed to barter with teacher supplied goods as they...
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The Entrepreneur's Game
Twelfth graders explore the basic principles of the US free enterprise system. They examine the basic principles of the US free enterprise system including profit motive, voluntary exchange, private property rights, and competition.
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A Rooster and a Bean Seed
Students study exchange and how it has different forms. In this money management lesson, students are able to learn how goods and services work by completing worksheets, activities, essay questions and assessments provided.
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Economics: Property Rights and the Rule of Law
Students examine the economic value of property rights. In a classroom activity, "You're the Economist," they analyze actual research data from establishing land holding titles in Para, Brazil. They assess several case studies about the...
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All About Money Curriculum
Learners participate in different pre-lessons to examine the role of individuals and neighborhoods. They also discover the role of the IMF and nations around the world.
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Money Matters Curriculum
Students complete a concept map on how money matters in our society. They use the internet to discover an online exhibit about money. They also complete a concept map.
Federal Reserve Bank
Saturday Sancocho
What does stew have to do with bartering? Learners will find out how by reading the story Saturday Sancocho, discussing the text, participating in a bartering activity in class (once with goods only and once with money), and...
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Is Capitalism Good for the Poor?
Students have the unique opportunity to analyze actual data collected by field researchers They research to see whether holding clear title made a difference in farmers' willingness to invest in capital improvements that would increase...
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Economic Community
Fourth graders assume different jobs of a community and understand the terms goods, services, producer, and consumer. In this community lesson plan, 4th graders answer short answer questions to show their knowledge of the terms.
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Why People Trade
Young scholars explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are...
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A Rooster and a Bean Seed
Students hear a folk tale and participate in a simulation that helps them recognize problems with barter and benefits of monetary exchange.
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The Magic of Markets
Students examine how exchange is trading goods and services with people for other goods and services or money. They examine how people voluntarily exchange goods and services because they expect to be better off after the exchange.
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The IMF In Action: How Can the IMF Help In Time of Crisis?
Students attempt to solve a countries economic problems. They investigate inflation, devaluing currency and foreign exchange.
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Satisfying Wants
Students describe the difference between a want and a need. In groups, they brainstorm a list of all of their wants and the method of exchange that is going to allow them to be satisfied. They discover how having money makes exchanges...
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Passport to Globalization
Students discover how to live on a low budget. In this economics lesson, students investigate how the value of money in different countries affects market exchange. They should be familiar with money exchange policy.
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Inside Money
High schoolers watch a video of a fictional country that is facing monetary problems. They work to answer questions that help solve the countries economic difficulties.
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What is Money? Learn the Role of Money in a Free Market System
Middle schoolers view a seashell and listen as the teacher explains that these were sometimes used as money. They listen as the teacher lectures on medium of exchange, barter, and commodity. Students determine the number of chickens it...
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Clothes from Grain: A Miracle or a Problem?
Students read fables about entrepreneurs who buy grain and turn it into clothing, or resell the grain and use the proceeds to import clothing. They use the fables to determine why people trade, and to analyze costs and benefits of trade...
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Saturday Sancocho
Students barter with each other in order to get ingredients to make chicken sancocho. In this trading lesson plan, students read a story about a family in Central or South America who have to barter to get their needs. Then students try...
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War, What is it Good for?
Eighth graders examine aspects of the American Civil War related to West Virginia. In this research skills lesson, 8th graders collaborate to research Civil War topics and create electronic portfolios that feature their findings.